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Proceeding contribution from Mark Pritchard (Conservative) in the House of Commons on Thursday, 9 October 2008. It occurred during Topical debate on TOPICAL DEBATES Financial Stability.


TOPICAL DEBATES Financial Stability

The Financial Secretary has mentioned three points, but are there not really four? First, there is a transfer of debt to the national purse; secondly, there is a deferral of debt from today until tomorrow. The third and fourth points are the subsequent choice between cutting public spending or increasing taxes.


Secondary information

Type
Proceeding contribution
Reference
480 c424 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Assets Debts Bank services Banks Credit Bank of England Borrowing Investment Financial institutions Financial Services Authority Financial markets Local government Public expenditure Mortgages Loans Lloyds TSB Housing market HBOS Government guaranteed credit Royal Bank of Scotland Abbey National ING Bank Landsbanki Bradford and Bingley Heritable Bank
Legislation
Anti-terrorism, Crime and Security Act 2001
Link
View this Proceeding contribution on www.publications.parliament.uk